Specs have also been given a serious bump with the new iPad 5 now sporting an A7 processor along with the M7 co-processor which means it'll be running the 64-bit version of iOS 7.

Apple has given the iPad Air a new five megapixel sensor. Should you fancy recording video the new sensor will also shoot Full-HD 1080p footage.

The iPad Air storage options remain the same as the previous generation which means you'll have the choice of 16, 32, 64 or 128GB.

Of course you'll also be able to choose between a WiFi-Only iPad Air or the WiFi + 4G but as usual the cellular option will come with a considerable price hike. While the base iPad Air will start from £399, the celluar model will cost £499.

Apple's new iPad Air will come running iOS 7, the next-generation version of Apple's mobile operating system.

Along with an all-new design iOS 7 comes with hundreds of new features including Airdrop which allows you to wirelessly share files from one iOS device to another over WiFi without using a router.

You'll also get Control Centre which gives quick-access to essential functions along with the ability to control music and video.

To see just how drastic the changes have been check out our iPad Air vs iPad 4 comparison piece. Article continues after our iPad Air hands-on video.

Apple iPad 5 price and release date:

The iPad Air UK release date will be November 1st. Apple has not yet announced when it will be available to pre-order from. Prices will be £399, £479, £559 and £639 for the WiFi-only versions.

If you want the iPad Air 4G you'll have to fork out a bit more with pricing set as £499, £579, £659 and £739 for the 16, 32, 64 and 128GB models respectively

Apple also unveiled a new iPad Mini with Retina Display which boasts a 2048x1536 display as well as the new A7 64-bit chip that can be found in the iPhone 5s.